Chinese tech giants are beginning to invest more in the metaverse, CNBC reported Sunday (Feb. 13). The ‘metaverse’ usually refers to a virtual world where...
TikTok owner ByteDance has launched an app in China that lets users explore and interact in a virtual community. Just don’t call it a metaverse....
A new antitrust bill headed to the Senate Judiciary Committee Thursday (Jan. 20) has been expanded to include two Chinese social media giants. As Bloomberg...
TikTok owner ByteDance is scaling back its investment operations in expectation that China will restrict the type of deal-making that has fueled the growth of...
TikTok owner ByteDance’s valuation has reached $400 billion based on anonymous sales by online traders, with some analysts seeing that number climb higher, according to...
Chinese firm ByteDance, owner of video-driven social media sites TikTok and Douyin, is looking for roughly $4 billion in loans as its initial public offering...
TikTok parent ByteDance is curtailing its FinTech operations and selling off its stock brokerage business as Chinese regulators continue to wield power over companies that...
ByteDance has begun selling the artificial intelligence that powers its blockbuster TikTok app to other companies outside China, the Financial Times reported. The Financial Times...
Chinese officials are stepping up antitrust probes into numerous domestic technology firms, popping into facilities unannounced, The Wall Street Journal (WSJ) reported. The agencies involved...